Recurring Deposit Calculator for iOS

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Key Details of Recurring Deposit Calculator

Recurring Deposit is a special type of deposit account which enables a investor particularly in fixed income group to save by paying into the...
Last updated on June 12, 2016
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Developer’s Description

By Sarath Babu Shanmugam

Recurring Deposit is a special type of deposit account which enables a investor particularly in fixed income group to save by paying into the...

Recurring Deposit is a special type of deposit account which enables a investor particularly in fixed income group to save by paying into the account an agreed fixed sum of money monthly over a stipulated period.The deposits in this type of account earn compound interest on quarterly basis.A basic saving plan, which helps you regulate your savings and reap its benefits from time to time.NO TDS (Tax Deducted at Source) is applicable in these accounts.